Content2011 - PETRONAS Gas Berhad

Directors’ Report
For the Year ended 31 MarCh 2011
Directors’ Interests (Continued)
136 petronas gas berhad (101671-h)
Number of ordinary shares of RM0.10 each in PETRONAS Chemicals Group Berhad
Balance at Balance at
Name 1.4.2010 Bought Sold 31.3.2011
Muri bin Muhammad – 10,000 – 10,000
Datuk Anuar bin Ahmad – 20,000 – 20,000
Samsudin bin Miskon – 6,000 – 6,000
Lau Nai Tuang – 10,000 (10,000) –
Ramlan bin Abdul Malek – 10,000 – 10,000
Rosli bin Boni – 6,000 – 6,000
Mohammad Medan bin Abdullah – 6,000 – 6,000
None of the other Directors holding office at 31 March 2011 had any interest in the ordinary shares of the Company and of its related corporations
during the financial year.
Directors’ Benefits
Since the end of the previous financial year, no Director of the Company has received nor become entitled to receive any benefit (other than the
benefit included in the aggregate amount of emoluments received or due and receivable by Directors as shown in the financial statements or
the fixed salary of a full time employee of the Company or of related corporations), by reason of a contract made by the Company or a related
corporation with the Director or with a firm of which the Director is a member, or with a company in which the Director has a substantial financial
interest.
There were no arrangements during and at the end of the financial year which had the object of enabling Directors of the Company to acquire
benefits by means of the acquisition of shares in or debentures of the Company or any other body corporate.
Issue of Shares
There were no changes in the issued and paid-up capital of the Company during the financial year.
Options Granted Over Unissued Shares
No options were granted to any person to take up unissued shares of the Company during the financial year.
Other Statutory Information
Before the financial statements of the Group and of the Company were made out, the Directors took reasonable steps to ascertain that:
i) there are no bad debts to be written off and no provision need to be made for doubtful debts, and
ii) any current assets which were unlikely to realise, in the ordinary course of business, their values as shown in the accounting records of the
Group and of the Company, had been written down to an amount which they might be expected so to realise.
At the date of this report, the Directors are not aware of any circumstances:
i) that would render it necessary to write off any bad debts or provide for any doubtful debts, or
ii) that would render the value attributed to the current assets in the financial statements of the Group and of the Company misleading, or
iii) which have arisen which render adherence to the existing method of valuation of assets or liabilities of the Group and of the Company
misleading or inappropriate, or